Short Interest in Legrand SA (OTCMKTS:LGRVF) Drops By 28.9%

Legrand SA (OTCMKTS:LGRVF) saw a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 72,300 shares, a decrease of 28.9% from the August 31st total of 101,700 shares. Based on an average daily volume of 4,300 shares, the days-to-cover ratio is currently 16.8 days. Based on an average daily volume of 4,300 shares, the days-to-cover ratio is currently 16.8 days.

Legrand Stock Performance

Legrand stock opened at $169.33 on Tuesday. The firm has a market capitalization of $45.07 billion, a P/E ratio of 39.38 and a beta of 1.01. The company’s 50-day moving average is $155.02 and its 200 day moving average is $128.47. Legrand has a 1-year low of $95.34 and a 1-year high of $169.33. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.95 and a quick ratio of 1.39.

Legrand Company Profile

Legrand SA, together with its subsidiaries, manufactures, distributes, and sells electrical and digital building infrastructures in Europe, North and Central America, and internationally. The company offers energy distribution, protection, and management solutions, such as electric vehicle charging, residential and small commercial panels, switchboards and power cabinets, and UPS devices; and wiring devices, connected home and building control solutions, and guestroom solutions, as well as back, junction, DCL, and floor boxes.